A.G.Barr’s (BAG LN, HOLD, T/P 600p) preliminary full year FY2017 results were in line with both market and our own expectations at EBIT level. The company reported FY adjusted EBIT to be £43.1m compared with £43.0m consensus (source: Bloomberg) and our own £41.9m expectation. Pre-tax profit was £42.4m compared with £39.6m in FY2016 and matched consensus. Adjusted EPS rose to 30.6p from 29.5p last year. We had been looking for 29.0p, which was in line with t
